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FAIRBANKS NORTH STAR BOR. v. COLLEGE UTIL.

Nos. 7849, 7858.

689 P.2d 460 (1984)

FAIRBANKS NORTH STAR BOROUGH, a second class borough, and College Service Area Commission, Appellants, v. COLLEGE UTILITIES CORPORATION, a domestic corporation, and George Gordon, Appellees.

Supreme Court of Alaska.

September 21, 1984.

Attorney(s) appearing for the Case

Terrence H. Thorgaard, Asst. Borough Atty., J.D. Nordale, Borough Atty., Fairbanks, for appellants.

James M. Hackett, Fairbanks, for appellees.

Before BURKE, C.J., and RABINOWITZ, MATTHEWS, COMPTON and MOORE, JJ.

OPINION

RABINOWITZ, Justice.

I.

In the spring of 1982, the Mayor of the Fairbanks North Star Borough (Borough or FNSB) introduced an ordinance that, among other things, raised the rate at which real property in the College Service Area1 was to be taxed.2 In previous years the rate had been set at zero mills; the ordinance raised that rate to one...

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